| RMO latest price $4.0600 (-2.17%) ($4.0410 - $4.1900) on Thu. Dec. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.31% (three month average) |
RSI | 40 |
Latest Price | $4.0600(-2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | RMO advances 1.3% a day on average for past five trading days. |
Weekly Trend | RMO declines -4.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support RMO advance at 0% a week (0% probability) ACES(70%) ARKK(69%) IBUY(68%) ONLN(67%) ARKG(66%) |
Factors Impacting RMO price | RMO will decline at least -2.655% in a week (0% probabilities). VIXM(-53%) VXX(-45%) UUP(-19%) TLT(-18%) UNG(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.655% (StdDev 5.31%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.2% |
| |
|
|